Business · Economy · 2 hrs ago
About 90% of South Korea’s corporate tax increase came from the capital region
Companies in South Korea’s capital region accounted for about 90% of the corporate tax increase over five years.
The figures show that between 2020 and 2022, total corporate tax rose 34.7% nationwide.
Tax paid by capital-region companies rose 41.7%, while tax paid by companies elsewhere rose 14.3%.
Seoul-based firms made up 29.1% of companies in the latest figures cited.
Yet those firms paid 52.8% of all corporate tax, showing how strongly tax payments are concentrated in the capital.
The figures highlight a large gap between the capital region and the rest of the country, but no next step is stated.
About 90% of South Korea’s corporate tax increase over five years was borne by companies in the capital region.
Corporate tax payments by capital-region companies rose 41.7% between 2020 and 2022, compared with 14.3% outside the region.
South Korea’s total corporate tax burden reached 72.1714 trillion won in 2022, up 34.7% from 2020.
In 2025, Seoul-based companies made up 29.1% of all companies but paid 52.8% of total corporate tax.
- Who
- Companies in South Korea, especially those in the capital region and Seoul.
- What
- About 90% of the corporate tax increase over five years came from companies in the capital region.
- When
- The report was published on October 22, 2026. The tax comparison covers 2020 to 2022.
- Where
- South Korea, with a focus on the capital region and Seoul.
- Why
- Not stated
This story does not have two clearly opposing sides.
The comparison period for corporate tax payments began.
Total corporate tax reached 72.1714 trillion won, 34.7% above its 2020 level.
Seoul-based companies accounted for 29.1% of all companies and 52.8% of total corporate tax.
Maeil Business reported that the capital region accounted for about 90% of the corporate tax increase over five years.
- Five-year share
- About 90% of the corporate tax increase came from the capital region
- Total tax, 2022
- 72.1714 trillion won
- Total tax change, 2020–2022
- Up 34.7%
- Capital-region tax change, 2020–2022
- Up 41.7%
- Non-capital-region tax change, 2020–2022
- Up 14.3%
- Seoul share, 2025
- 29.1% of companies; 52.8% of corporate tax total